Source · Select Committees · Culture, Media and Sport Committee
Ninth Report - Football Governance
Culture, Media and Sport Committee
HC 1288
Published 30 June 2023
Recommendations
10
Acknowledged
Para 43
Reach urgent agreement on sharing higher proportion of revenue across football pyramid
Recommendation
We urge football authorities, including the Premier League, EFL and the FA, to urgently reach an agreement on sharing a higher proportion of revenue with clubs down the football pyramid before the establishment of IREF. This should include no increase …
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Government Response Summary
The government echoes the Committee's call for football authorities to urgently reach a revenue sharing agreement and states that the future Regulator will have targeted powers to intervene as a last resort if they fail to agree.
Department for Culture, Media and Sport
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11
Acknowledged
Expedite plans to establish Independent Regulator with power to mandate revenue sharing solution
Recommendation
If there are no immediate signs of progress on revenue sharing, the Government should expedite its plans to establish the Independent Regulator with the power to mandate a solution. (Paragraph 44) 20 Football Governance
Government Response Summary
The government reiterates its commitment to establishing a Regulator with powers to intervene in financial distributions as a last resort, noting ongoing work to design this mechanism, but does not commit to expediting its establishment.
Department for Culture, Media and Sport
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Conclusions (1)
1
Conclusion
Acknowledged
Para 12
We welcome the Government’s commitment to establish an Independent Regulator. Introducing a Shadow Regulator as soon as possible to recruit staff and begin engagement and preparatory work is invaluable for clubs, leagues and other football stakeholders might help avoid unintended consequences in the new regime that could lead to dissatisfaction …
Government Response Summary
The government agrees reform should happen sooner and is working at pace to deliver an independent regulator when parliamentary time allows. It states a formal shadow regulator would require a Bill's second reading but assures that preparatory work is happening regardless.